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    7484 Broadway Ave Tyler, TX 75703-5173
    Property profile & analytics

    7484 Broadway Ave, Tyler, TX 75703-5173

    View on Map

    • Retail space
    • 12,690 SF
    • 1.54 lot acres
    Off-Market
    Last Sale Jan 25, 2024
    Property ID
    US82-5382567
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $715,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Professionals Air Duct LLC / HVAC Service / General Contractor
    • Mama's Restaurant / Restaurant

    Property Details for 7484 Broadway Ave

    Year built
    2010
    Lot size
    1.54 lot acres
    Property type
    Retail space
    APN
    1-50000-1450-01-002000
    APU
    150000145001002000

    Description

    Midway Plaza, a Class B retail center in Tyler, Texas, offers a prime storefront opportunity. This single-story, 12,575 square foot building, constructed in 2010, boasts six suites, with one vacant space totaling 2,060 square feet. Located at 7484 S Broadway Ave, zip code 75703, in Smith County, this multi-tenant property enjoys a high-traffic, high-visibility location. The building benefits from 300 feet of frontage along South Broadway Avenue, placing it within Tyler's busiest retail corridor. This convenient location provides easy access to over 50 dining, grocery, and retail establishments within a three-mile radius. The property is categorized as Retail and Restaurant, specifically a storefront tenancy. This presents a unique chance to establish or expand a business in a thriving commercial area. The property's strategic placement ensures significant exposure to a large customer base. This exceptional opportunity is ideal for businesses seeking high visibility and convenient access to a dense concentration of retail activity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $545,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $890,000
      Market price range: $437k - $1.29M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $815,000
      Current use
      RESTAURANT
      $1,180,000
      Change: +45% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,095,000
      Change: +35% Conversion: Difficult
      OFFICE BUILDING
      $1,065,000
      Change: +31% Conversion: Easy
      WAREHOUSE, STORAGE
      $730,000
      Change: -10% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.3066
    Latitude
    32.2674
    CBSA code
    46340
    CBSA name
    TYLER, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,114
    $706,378
    $963,773
    $1,670,151
    -
    $706,378
    $963,773
    $1,670,151
    More about this property
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